Commentary: The Shanghai index rose 1.4% in a strong shock, the ChiNext index rose nearly 3%, and the real estate, medicine and other sectors broke out_Oriental Fortune Network

On March 17, the three major stock indexes opened higher and moved higher, and they rose strongly during the session.Shanghai IndexIt once rose by more than 2.5% and stood firm at 3200 points, and the Shenzhen Component Index rose by more than 4%.GEM refers toIt rose nearly 5%; the increase in the afternoon narrowed; the transaction volume of the two cities increased again, with a daily transaction of nearly 1.3 trillion yuan; the net purchase of northbound funds exceeded 5 billion yuan.

As of the close, the Shanghai Composite Index rose 1.4% to 3,215.04 points, the Shenzhen Component Index rose 2.41% to 12,289.97 points, and the ChiNext Index rose 2.87% to 2,710.73 points; the two cities had a total turnover of 1,275.4 billion yuan, and northbound funds bought a net 5.365 billion yuan.

On the disk, the real estate, medicine, home furnishing, medical care, winemaking and other sectors rose to the top, while coal, building materials, tourism, automobiles,insuranceand other sectors are strengthening,Bank、brokerageThe sector fell in the afternoon; new crown medicine, photoresist, medical beauty concept, etc.themeBe active.

　　CITIC Construction InvestmentChen Guo believes that the current market is relatively cost-effective in the long run and is suitable for long-term capital allocation. In the medium term, it will still face the impact of unfavorable external factors such as the Fed’s interest rate hike, the financial turmoil caused by Russia’s default, and the rising probability of global stagflation, which needs to continue to be observed. However, investors should not be pessimistic at present. In the context of a series of concerns about comprehensive improvement, the market is expected to usher in an oversold rebound and a quarterly report. In terms of industry configuration, the high prosperity + marginal turnaround in the first quarter report will be the focus of the current rebound.The current market is comingperformanceThe annual report + the first quarterly report disclosure window period after the vacuum period will verify the high prosperity of the high-end manufacturing industry chain. In terms of meso-scale data, the sales data of new energy vehicles in February were dazzling, and the demand for photovoltaics in the first quarter was better than expected.semiconductor/ The military industry is still in the high prosperity range, coupled with the top decline since December and the current relatively reasonable valuation quantile, optimistic about its follow-up relative income performance.At the same time, the positive signals that appear at the moment also include those that are worth continuing to look forward to.currencyAdjustment of policies and epidemic prevention and control policies.

　　Northeast SecuritiesAccording to the industry performance of 13 oversold rebounds since 2005, there are two types of better performance.food and drink, TMT in June 2013, etc.; the second is the direction of continuation of benefits in the direction of stable growth policies, such as real estate and building materials in March 2014.Under the current external risk mitigation, focus on short-term oversold high boom growth, such as wind-solar lithium batteries maintaining high growth of new energy, fab expansion accelerating and domestic replacement of unchangedsemiconductorthe military industry, new crown special drugs and innovative drugs whose military budget exceeds expectations; the direction of stable growth orientation mainly focuses on the direction of low-carbon, digital new infrastructure, and the reform of old infrastructure Chinese enterprises to catalyze some low-valued building materials central enterprises.

(Article Source:securitiesTimes Network)

Article source: Securities Times Network

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Original title: Commentary: The Shanghai index rose 1.4% in a strong shock, the ChiNext index rose nearly 3%, and the real estate, medicine and other sectors broke out